Tag Archives: gbpusd

The bulls got a huge problem to take out the 1.3300 for good as sellers are very active. And it is not different this time around. We see a retest of 3295/3305 as a selling opportunity with possible targets visible on the chart. Placing the stop above 14. Should you have any questions feel free to contact us anytime.Good luck

Within the last three days bears were able to get back and hold below falling trendline. We are looking to sell rallies towards 1.3000 with first possible target around 1.2850 and the second around 1.2700. Also going to place the stop based on 1-hour chart and will be do so above the candle rejection of the 1.3000 level. Should you

The easy part of Brexit deal (agreement with EU) is done and now let’s do the business at home. Mrs May is facing a wall of a no-vote in parliament (70% probability as of now) and the 1.2660 level is of importance as we head towards the endorsement by Parliament likely to take place before Christmas. As the UK does

Despite Brexit news the bulls were not able to close above 1.2900 yesterday. The bears are still in control and we do have a chance to see latest low or even 1.2650-ish (based on monthly chart). A rise and close above 1.2900 would open the way towards 1.2980/3000 and 1.3035/55. Update 1: If short it is the time to

Short recap Asian with wake up call from China Europe opening flat to higher FOMC and ECB Minutes left the market without any illusions Fed likely to be more dovish, ECB still on split over QE end Germany – Socialists under strong pressure to form government France – US corporates like Macron story, likely to increase investments in FR Brexit – May meeting Tusk in

Short recap Asia printing new 10-yr high as on optimism from Fed Europe opening lower FOMC – no changes, non event Just reconfirmed all with economic activity to solid from moderate Dec hike a done deal IMF warns volatility products loom as next big market shock link Selling volatility complex products can be the trigger if volatility suddenly increases

Short recap Asia up, inspired by US stocks printing new highs on tax reform hopes EU opening higher Republicans moving on taxes, Fed warning of inflation and unsustainable debt IMF still supports accommodative policy from ECB, BoJ Italian CB asking ECB to soften bad-loan plans ECB to put legal restrictions on ICOs Bitcoin may fall to their jurisdiction anyway But ICOs is a more securities area than

Short recap Asian in red on NoKo playing with fire again but market corrected quickly Europe opening mixed ECB’s Weidmann out with comments like Draghi…getting ready for his job? Aug US inflation at 1.9%, core 1.7%, higher than expected Bringing Dec Fed hike to 50/50 probability But economists predict Fed pausing… Equities Rupert Murdoch’s takeover of Sky not a done deal yet

Short recap Asia – risk off with miners, energy and banks in red China shares slightly higher as MSCI decision was largely priced in Europe opening lower Oil dropping like a stone on rising Libya and US rig production, while OPEC not able to cut more And rebalance the market, officially entering the bearish territory Japan facing declining

Hi, ight after UK CPI I mentioned on Twitter I took a small, short position ( risking 0,15% ). What is my thinking ( come on great UK CPI number, why the heck you are short ? ): 1. Highest UK CPI Since June 2013 would be great for GBP with „normal” economic growth. The thing is that